21/09/2015 - 06:39

Morning Headlines

21/09/2015 - 06:39

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WA behind on NBN rollout

WA will be one of the last places in the country to receive the coalition’s fibre to the node (FTTN) rollout of the NBN, with the Government-controlled NBN Co officially launching the technology today. The West

BHP boosts footprint as office sector contracts

Mining behemoth BHP Billiton is looking to sublease another 6000sq m of space in the Perth CBD as the office sector feels the pinch from the contraction of mining companies. The Aus

Alinta offers solar challenge

Giant gas retailer Alinta has opened up a new front in WA’s energy wars, revealing moves to take on monopoly electricity provider Synergy by selling solar panels to households. The West

Turnbull’s cabinet clean-out

Malcolm Turnbull has put all policy positions, including tax, up for review as he unveiled a brutal overhaul of the frontbench which sees seven new ministers in an expanded cabinet and overwhelmingly looks after those who supported the leadership spill against Tony Abbott. The Fin

Treasurer Morrison promises to stop the debt

New Treasurer Scott Morrison says he will take the same clinical approach to balancing the budget as he did to his previous tasks of stopping the boats and breaking the Senate impasse over pension cuts. The Fin

New hopes for Brookfield takeover 

Fears Brookfield Infrastructure’s $8.9 billion proposed takeover of Asciano could be rejected by the Foreign Investment Review Board are fading following Joe Hockey’s replacement as Treasurer by Scott Morrison. The Fin

 

 

The Australian Financial Review

Page 1: Malcolm Turnbull has put all policy positions, including tax, up for review as he unveiled a brutal overhaul of the frontbench which sees seven new ministers in an expanded cabinet and overwhelmingly looks after those who supported the leadership spill against Tony Abbott.

New Treasurer Scott Morrison says he will take the same clinical approach to balancing the budget as he did to his previous tasks of stopping the boats and breaking the Senate impasse over pension cuts.

Page 3: It would take an increase to both the rate and base of the GST to guarantee enough revenue to meet spiralling state health costs to 2050, new modelling shows.

Page 11: Both major parties were claiming victory following Saturday’s Canning by-election with pro-Turnbull Liberals contending the dumping of Tony Abbott limited the backlash against the government.

Page 17: Fears Brookfield Infrastructure’s $8.9 billion proposed takeover of Asciano could be rejected by the Foreign Investment Review Board are fading following Joe Hockey’s replacement as Treasurer by Scott Morrison.

Page 27: Chinese officials have not ruled out allowing Australia’s coal sector to conduct quality tests on coal before it is shipped to China, amid ongoing fears China’s import quality testing regime is being used to favour domestic miners.

 

 

The Australian

Page 2: Labor will unveil its higher-education policy today, pledging to scrap a proposed expansion of the demand-driven system, introduce new incentives to lift graduation rates by 20,000 a year, and boost course subsidies for universities.

Page 3: A controversial Productivity Commission proposal to axe Sunday-specific penalty rates would encourage eight out of 10 small businesses that currently shut on Sundays to stay open all weekend, new research reveals.

Page 20: A major attack of risk-off nerves in the US on Friday sent the major market index down by more than 1.7 per cent, presaging a down day on the Australian equity market today because of a highlighted focus on the China slowdown by Federal Reserve chair Janet Yellen.

Page 21: The head of GE’s oil and gas division says the industrial giant remains committed to Australia despite the sharp fall in energy prices and the looming end of construction activity in the nation’s liquefied natural gas sector.

Page 22: The recent spate of capital raisings by the big banks is set to continue, as offshore lenders boost their capital intensity and a benign loan-loss cycle adds to expectations of tougher times ahead.

Page 23: Mining behemoth BHP Billiton is looking to sublease another 6000sq m of space in the Perth CBD as the office sector feels the pinch from the contraction of mining companies.

 

 

The West Australian

Page 3: The State Government is set to roll out some of the toughest anti-bikie laws in the country as part of a new push aimed at driving criminal gangs out of WA.

Page 9: Motorists are being urged to brush up on the road rules to improve safety and cut WA’s crash toll.

Page 13: Giant gas retailer Alinta has opened up a new front in WA’s energy wars, revealing moves to take on monopoly electricity provider Synergy by selling solar panels to households.

Business: WA will be one of the last places in the country to receive the coalition’s fibre to the node (FTTN) rollout of the NBN, with the Government-controlled NBN Co officially launching the technology today.

Australia’s resources industry has cautiously welcomed new Federal Resources Minister Josh Frydenberg after Prime Minster Malcolm Turnbull’s cabinet reshuffle yesterday.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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